The Mo Ibrahim Foundation just awarded its first $5 million (they call it "the largest prize in the world") to Joaquim Chissano, the former President of Mozambique, for his exemplary leadership.

The catch, according to Forbes which called the idea "as potentially novel as naive," is that leaders are only eligible for the prize after they have left office with no plans to return to public service. "On that continent prime ministers can't expect lucrative book deals or speaking tours after leaving office and, faced with dismal opportunities, often cling to power."

Look at what Bill Clinton is doing to leverage his leadership and Ibrahim's concept could be seen as a deal at any price.

PhilanthroMedia was established for discerning donors who want to increase the impact of their giving. A project of PhilanthroMedia, Inc, it provides syndicated daily content to 70 community foundations via RSS feed. Contact: Susan Herr (sh@philanthromedia.com)